i received a 'Rehabilitation Loan Permit Certification' document required from our Lender to close our 203k streamline loan. We're only doing cosmetic work, but that includes replacing the windows which requires a pe...
Alright people, time for me to smack you with some more STR knowledge. So we bought a beach duplex in Carolina Beach, NC 2 blocks off the water, our downstairs 3/2 unit is on track to do 57k this year, which pays our...
I recently requested some verification of rents while considering a property to purchase. With in hours I had scanned images of money orders all from the same company (money gram). All on the 3rd of the month for all ...
For anyone who cares about STRs in Colorado, I just learned that Boulder County earlier this month passed new short-term rental regulations. I guess it's surprising to me that the law allows for true non-owner occupie...
Has anyone here completed a FHA 203k streamline mortgage before?If so how was your general experience compared to a conventional mortgage?I'm trying to understand every part of the process so I can somewhat get an ide...
Me and my brother have put together a LLC for rental property investments. We want to start in Florida either in Tampa or Orlando area with multi family properties and Condominiums. We are looking for some advice for ...
Hey STR fellow investors,
I've been setting up quite a few short-term rentals now, and I think it's time I got smarter about it.
Since I don't know how I can do better about the renovation part, so let's skip to th...
Hello,Can I use Fannie Mae Streamline / 203k for non-owner occupied rehab loan? If not, what other options are available?Thanks,Erick
So the FHA is cutting mortgage insurance from 1.35% to 0.85%. http://www.usnews.com/news/articles/2015/01/08/pre...How do you expect this to impact your businesses, if at all. I'd have to think it is good news for f...
Do these loans cover 'all' types of renovations OR just 'some' renovations. Example: Let's say I want to convert a 2bdrm into a 4bdrm by turning a porch and a dining room into legal bedrooms (they would meet legal...